Verimec

What Verimec does

VETIMEC Soc Coop. (operating as Vetimec) is an Italian cooperative founded in 1962 and headquartered in Calderara di Reno (Bologna). The company specializes in designing, manufacturing, and supplying high-pressure die casting dies (up to 180 tons), gravity and low pressure moulds, and anorganic-process core boxes for the automotive industry. Its tooling is used to produce structural components (cross members, car frames, pillars, shock towers, roof frames) and powertrain components (engine blocks, cylinder heads, gearboxes, clutch housings, oil pans) in aluminium and magnesium alloys. Vetimec operates a vertically integrated workflow covering engineering (using CATIA, Unigraphics, and Pro Engineering — the same CAD platforms as its automotive customers), CNC machining, an in-house sampling center equipped with an Italpresse 4200T HPDC machine and ABB robots, and programmed after-sale maintenance. The group also includes two unrelated operating subsidiaries — Aedis (marble/granite processing) and IBA Centro Meridionale SPA (petrochemical and industrial construction) — alongside S.V. Petroni, which extends die casting sampling capabilities.

The company sells primarily to European automotive OEMs and Tier 1 suppliers, with a blue-chip reference list including BMW, MAGNA BDW Technologies, NEMAK Poland, ENDURANCE, and Cosma Europe (the latter three being Euroguss Challenge winners in 2018, 2020, and 2022 respectively). Revenue is generated almost exclusively through custom B2B hardware sales of specialized tooling under quote-based, multi-year enterprise contracts, supplemented by professional services revenue from sampling, pre-series production, spare parts, and on-site maintenance. Group-level annual turnover is approximately €50 million with ~250 employees globally; the Vetimec cooperative itself had 85 members and employees as of 2022. The company holds ISO 9001 and ISO 14001 certifications and markets primarily through participation in major trade shows (Euroguss in Nuremberg, GIFA in Düsseldorf) and direct enterprise sales relationships. Vetimec is privately held as a cooperative (mutualità prevalente), with no external institutional investors identified in the source material.

Name

Verimec

Legal name

VETIMEC Soc Coop.

Website

https://vetimec.it

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

51–100 employees

Short description

VETIMEC (Vetimec) is an Italian cooperative founded in 1962 that designs and manufactures high-pressure die casting dies (up to 180 tons), gravity and low pressure moulds, and core boxes for European automotive OEMs and Tier 1 suppliers producing aluminium and magnesium structural and powertrain components.

Ownership category

akta.pro rank

Product category

Automotive Die Casting Tooling

NAICS

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (333514)

SIC

Special Industry Machinery, Nec (3559), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Tool & Die Making (EDAOAGAC)

akta.pro secondary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Die casting dies
• Automotive tooling
• Gravity moulds
• Core boxes
• Aluminum components

Headquarters

HQ city

Calderara Di Reno

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Die Casting Dies Manufacturing: Design, development and manufacturing of complex big size die casting dies for the automotive industry, sold directly to automotive OEMs and tier suppliers
2. Mould and Tooling Production: Production of gravity and low pressure moulds and core boxes for automotive component production
3. Sampling and Pre-series Services: Sampling and preseries services to deliver dies ready for production, simulating production processes and validating quality
4. Maintenance and After-sale Services: Programmed maintenance, spare parts manufacturing, and on-site assistance for supplied equipment

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Vetimec designs, engineers, and manufactures large-size high-pressure die casting dies (up to 180 tons), gravity and low-pressure moulds, and core boxes in the anorganic process for the production of aluminum and magnesium alloy automotive components. The company complements its tooling with a sampling and pre-series service validated on an Italpresse 4200T HPDC machine, plus programmed maintenance and spare parts support, targeting automotive OEMs and tier 1 suppliers globally.

Product overview

Verimec is a holding company (VETIMEC Soc Coop.) that designs, develops, and manufactures complex big size die casting dies, low pressure & gravity moulds, and core boxes for the automotive industry. The company operates through multiple entities: Vetimec (dies and moulds manufacturing), S.V. Petroni (sampling facility), and partner companies. The core product portfolio consists of Die Casting Dies (up to 180 ton), Gravity and Low Pressure Moulds, and Core Boxes, complemented by Sampling and Pre-series Services through their fully equipped sampling center.

Differentiator

Problem solved

Functional benefit

Products and services

• Die Casting Dies Big-size high-pressure die casting dies up to 180 tons designed to produce powertrain and structural components (cross members, car frames, shock towers, longitudinal beams, A/B/C-pillars, roof frames, engine blocks, cylinder heads, gearboxes, clutch housings, oil pans) in aluminum and magnesium alloys for the automotive industry.
• Gravity and Low Pressure Moulds

Named customers5 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered minor and core.

• TreedomminorOthers · 17 September 2022To celebrate the 60th anniversary, Vetimec planted 60 new trees through Treedom, a platform for tree planting. The initiative absorbs 5 tons of CO2 and provides work for local farmers.
• The Alu-Tech PartnershipcoreStrategic or Co-development Partner · 3 January 2016A pool of key companies in die-casting and gravity casting that have joined forces to provide services and expertise designed to make foundries more competitive. Vetimec participates as a founding member alongside other specialized tooling companies.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Idra Group: Italian designer and builder of die casting machines and turnkey cells for automotive structural and powertrain parts. Comparable Italian footprint, same mega-casting/giga-press pivot, and shared automotive Tier-1 / OEM customer base.
• StrikoWestofen: German maker of dosing, melting and metal-transfer equipment for die casting foundries. Adjacent product portfolio serving the same automotive foundry customers as Vetimec, especially for high-end aluminum structural components.
• Italpresse: Italian manufacturer of high-pressure die casting cells and machines. Directly adjacent — Vetimec even uses an Italpresse 4200T HPDC machine in its sampling center — and competes for the same Tier-1 / foundry tooling and equipment wallet.
• GIMA (Gisseri & Maccan): Italian die casting tooling specialist serving European automotive OEMs. Comparable niche focus on complex dies, gravity moulds and related tooling for aluminum components.
• Colosio: Italian manufacturer of die casting dies and moulds for the automotive industry. Closest direct die-maker peer — same geographic footprint (Northern Italy), similar customer base (OEMs/Tier-1), and comparable focus on aluminum structural components.
• Frech: German manufacturer of hot and cold chamber die casting machines and complete cells for aluminum, magnesium and zinc. Overlaps directly with Vetimec on automotive die casting tooling supply, particularly in Europe.

Broad incumbents

• Bühler Group: Swiss global supplier of die casting cells and complete solutions for aluminum and magnesium automotive components. Overlaps with Vetimec on large-format automotive die casting equipment, but at much greater scale and broader portfolio.
• Toshiba Machine (Shibaura Machine): Japanese producer of die casting machines and automation systems with global Tier-1 automotive supply. Competes broadly with Vetimec in advanced die casting tooling and integration, particularly for Asian-OEM programs.
• Handtmann: German industrial group active in light metal die casting and specialized machinery. Overlaps with Vetimec on aluminum/magnesium casting and associated tooling for automotive structural parts.

Emerging players

• UBE Machinery: Japanese die casting machine manufacturer with growing European presence. Provides HPDC equipment and tooling services to the same automotive megacasting/structural component programs as Vetimec.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vetimec

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verimec